Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, Passage Bio Inc (NASDAQ: PASG) closed at $0.27 down -9.63% from its previous closing price of $0.29. In other words, the price has decreased by -$9.63 from its previous closing price. On the day, 0.73 million shares were traded. PASG stock price reached its highest trading level at $0.318 during the session, while it also had its lowest trading level at $0.257.
Ratios:
For a deeper understanding of Passage Bio Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.74 and its Current Ratio is at 3.74. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.46.
On September 03, 2024, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $7.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 23 ’25 when ORBIMED ADVISORS LLC sold 89,328 shares for $0.34 per share. The transaction valued at 30,372 led to the insider holds 6,718,195 shares of the business.
ORBIMED ADVISORS LLC sold 78,049 shares of PASG for $26,537 on Apr 22 ’25. The 10% Owner now owns 6,807,523 shares after completing the transaction at $0.34 per share. On Apr 24 ’25, another insider, ORBIMED ADVISORS LLC, who serves as the 10% Owner of the company, sold 68,195 shares for $0.32 each. As a result, the insider received 21,822 and left with 6,650,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PASG now has a Market Capitalization of 16568738 and an Enterprise Value of -32119688.
Stock Price History:
The Beta on a monthly basis for PASG is 1.55, which has changed by -0.80074626 over the last 52 weeks, in comparison to a change of 0.11241627 over the same period for the S&P500. Over the past 52 weeks, PASG has reached a high of $1.48, while it has fallen to a 52-week low of $0.28. The 50-Day Moving Average of the stock is -29.62%, while the 200-Day Moving Average is calculated to be -55.07%.
Shares Statistics:
For the past three months, PASG has traded an average of 184.53K shares per day and 288780 over the past ten days. A total of 62.15M shares are outstanding, with a floating share count of 52.62M. Insiders hold about 15.33% of the company’s shares, while institutions hold 44.84% stake in the company. Shares short for PASG as of 1745971200 were 1799643 with a Short Ratio of 9.75, compared to 1743379200 on 1748911. Therefore, it implies a Short% of Shares Outstanding of 1799643 and a Short% of Float of 3.94.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
